U.S. inflation · 2004–2025

Value of $100 in 2004, adjusted to 2025

$100 in 2004 is worth $170 in 2025, because prices increased 70.4% over that period, an average of 2.57% a year.

$100 in 2004 has the same buying power as

$170

in 2025

$100$135$17020042009201520202025$100 · 2004$170 · 2025
Detailed inflation statistics
Cumulative price change70.4%
Average inflation rate2.57% per year
Converted amount ($100 base)$170
Price difference ($100 base)$70.43
CPI in 2004188.9
CPI in 2025321.943
Inflation in 20042.66%
Inflation in 20252.63%
$100 in 2004 → 2025$170
$100 in 2025 → 2004$58.67

What happened to prices between 2004 and 2025

Between 2004 and 2025, the Consumer Price Index went from 188.9 to 321.943. Cumulatively, prices increased 70.4%, which works out to an average of 2.57% per year. Put differently, a dollar in 2004 bought what $0.59 buys in 2025: the 2004 dollar lost 41.3% of its purchasing power over these 21 years.

Consumer prices rose 2.7% in 2004, with a 29-cent jump in the price of gasoline, to $1.88 a gallon, doing much of the work. Crude oil passed $50 a barrel in October on rising demand from China and India. The Federal Reserve raised rates for the first time in four years on June 30, to 1.25%, and it kept going: 17 consecutive quarter-point increases took the rate to 5.25% by June 2006. Housing was already running ahead of incomes. The median household earned about $44,300, up 2.3% from 2003, while the median new home sold for $221,000, up about 13%. A first-class stamp stayed at 37 cents and the federal minimum wage at $5.15, unchanged since 1997.

More about inflation in 2004 →

Common amounts: 2004 dollars in 2025

Every 2004 amount converts to 2025 at the same ratio, 1.70: $1,000 becomes $1,704, and $10,000 becomes $17,043.

Amount in 2004Value in 2025
$1.00$1.70
$5.00$8.52
$10.00$17.04
$20.00$34.09
$50.00$85.22
$100$170
$500$852
$1,000$1,704
$5,000$8,522
$10,000$17,043
$100,000$170,430
$1,000,000$1,704,304

Inflation by spending category, 2004–2025

Between 2004 and 2025, medical care rose the most, up 87.1%, while apparel rose the least, up 9.1%, against 70.4% for all items. The headline number is an average; here is what $100 of 2004 spending costs in 2025, by category:

Category Avg. yearly inflation $100 in 2004 →
All items (CPI-U) 2.57% $170
Medical care 3.03% $187
Energy 2.96% $185
Housing 2.92% $183
Food 2.90% $182
Core (all items less food & energy) 2.47% $167
Transportation 2.47% $167
Education & communication 1.31% $131
Recreation 1.25% $130
Apparel 0.41% $109

Decade by decade: 2004 to 2025

Prices climbed fastest in the 2020s, averaging 4.46% a year, and slowest in the 2010s (1.73% a year). Each step below chains into the full 2004–2025 change:

Years Avg. yearly inflation Price change $100 from 2004, at end
2004–2010 2.42% 15.4% $115
2010–2020 1.73% 18.7% $137
2020–2025 4.46% 24.4% $170

Year by year: CPI and the value of $100 from 2004

$100 from 2004 had already become $125 by 2014, on its way to $170 in 2025; each row shows the CPI, that year's inflation rate, and the running value. Within the span, inflation peaked at 8.0% in 2022, and prices fell 0.4% in 2009, the deepest deflation of the period.

Year CPI Inflation rate $100 from 2004
2004 188.9 2.7% $100
2005 195.3 3.4% $103
2006 201.6 3.2% $107
2007 207.342 2.8% $110
2008 215.303 3.8% $114
2009 214.537 -0.4% $114
2010 218.056 1.6% $115
2011 224.939 3.2% $119
2012 229.594 2.1% $122
2013 232.957 1.5% $123
2014 236.736 1.6% $125
2015 237.017 0.1% $125
2016 240.007 1.3% $127
2017 245.12 2.1% $130
2018 251.107 2.4% $133
2019 255.657 1.8% $135
2020 258.811 1.2% $137
2021 270.97 4.7% $143
2022 292.655 8.0% $155
2023 304.702 4.1% $161
2024 313.689 2.9% $166
2025 321.943 2.6% $170

The destination year: 2025

In 2025, prices rose 2.6% and $100 from 2004 had the buying power of $170; the year's average CPI of 321.943 is the level behind every 2025 figure on this page.

2025 was a year of trade policy and data disruptions rather than an inflation surge. Consumer prices rose 2.6% on average, a step down from 2024’s 2.9% and well below the 8.0% of 2022. Tariffs announced in April pushed up prices for some imported goods, including furniture, apparel, and auto parts, but the effect on the overall index was smaller than many forecasters feared at the start of the year, in part because retailers absorbed some of the cost and demand for services stayed steady.

The Federal Reserve held its policy rate steady through the first half of the year, then began cutting again in September, lowering it in three quarter-point steps to 3.50–3.75% by December.

The federal government shutdown that began October 1 lasted 43 days, and the Bureau of Labor Statistics did not publish a CPI for October 2025 because the survey data could not be collected. The federal minimum wage stayed at $7.25, and a first-class stamp rose to 78 cents in July.

More about inflation in 2025 →

Cite this page

MLA: “Inflation from 2004 to 2025: $100 is worth $170 today.” InflationCalculator.com, U.S. Bureau of Labor Statistics CPI-U data, https://inflationcalculator.com/inflation/2004-to-2025/

APA: InflationCalculator.com. Inflation from 2004 to 2025. Based on U.S. Bureau of Labor Statistics CPI-U data. Retrieved from https://inflationcalculator.com/inflation/2004-to-2025/

Source: U.S. Bureau of Labor Statistics, CPI-U annual averages (series CUUR0000SA0; category indexes listed on the data sources page). See how these numbers are calculated.